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Showing posts with the label "Ed Miliband"
"Lady Rothschild wanted to persuade company chiefs that capitalism must go  “beyond financial performance only, in an effort to enhance the value of environmental, human, ethical and social capital”.   The idea was backed by luminaries like Bill Clinton; Mark Carney, Governor of the Bank of England; Justin Welby, the Archbishop of Canterbury in the Church of England; and, to cap it all, Prince Charles of the British monarchy! These eminences were out to tell the world that capitalism is a great and good thing and can be made even better if we can reduce inequality and poverty, end global warming and wars, and operate in a ‘moral’ way.  Like Warren, Lady Rothschild argued that  “the imbalance of capital and labour”  must be acted upon." "Accountable, inclusive or responsible capitalism?" I disagree with stating that "capitalism won't and can't deliver". I think it is more complicated than that. The system in fact has been delivering and not del